Palau (PLW) and Spain (ESP) Trade | The Observatory of Economic Complexity

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Palau-Spain Trade: In 2022, Palau exported $1.88k to Spain. The main products that Palau exported to Spain were Knit Sweaters ($1.88k). Over the past 5 years the exports of Palau to Spain have decreased at an annualized rate of 30.2%, from $11.3k in 2017 to $1.88k in 2022.

In 2022, Palau did not export any services to Spain.

Spain-Palau Trade: In 2022, Spain exported $335 to Palau. The main products that Spain exported to Palau were Non-Knit Women's Suits ($189) and Sports Equipment ($146). Over the past 5 years the exports of Spain to Palau have decreased at an annualized rate of 48%, from $8.84k in 2017 to $335 in 2022.

In 2022, Spain did not export any services to Palau.

Comparison In 2022, Palau ranked 219 in total exports ($7.75M), and does not have data regarding Economic Complexity Index. That same year, Spain ranked 33 in the Economic Complexity Index (ECI 0.81), and 20 in total exports ($394B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Palau exported $1.88k to Spain. The main products exported from Palau to Spain were Knit Sweaters ($1.88k). During the last 5 years the exports of Palau to Spain have decreased at an annualized rate of 30.2%, from $11.3k in 2017 to $1.88k in 2022.

In 2017, Spain exported $335 to Palau. The main products exported from Spain to Palau were Non-Knit Women's Suits ($189) and Sports Equipment ($146). During the last 5 years the exports of Spain to Palau have decreased at an annualized rate of 48%, from $8.84k in 2022 to $335 in 2017.

Exports from Palau () to Spain () (2022)

Exports from Spain () to Palau () (2022)

Latest Data

Trade between Palau () and Spain ()

Spain Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Palau
Top DestinationGreece$2.11M

Spain
Top DestinationFrance$65.2B

This map shows whether countries import more from Palau or Spain. Each country is colored based on the difference in imports they receive from Palau and Spain or the difference in the growth in imports.

In 2022, no countries were registered that imported more from Palau than from Spain.

In 2022, countries that imported more from Spain than Palau included France ($65.2B), Germany ($39.2B), and Portugal ($34.9B).

Difference in imports from Spain () and Palau () (2022)

Comparative Advantage Palau - Spain

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Palau and Spain by product, considering products traded by both, Palau and Spain.

During 2022, Palau had a large net trade with Spain in the exports of Textiles ($1.88k).

During 2017, Spain had a large net trade with Palau in the exports of Textiles ($189) and Miscellaneous ($146).

Potential Exports

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Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Palau and Spain. This means that a dot/product with the flag of Palau indicates it has a comparative advantage over Spain. Similarly, a dot/product with the flag of Spain indicates it has a comparative advantage over Palau.

About

Historical Data

Bilateral Trade by Products

Exports from Palau () to Spain () (2022)

Exports from Spain () to Palau () (2022)

Latest Data

Trade between Palau () and Spain ()

Spain Exports

Market Competitiveness

Difference in imports from Spain () and Palau () (2022)

Comparative Advantage Palau - Spain

Potential Exports

Potential Exports

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Economic Complexity

Competitive Landscape

Product Space of Palau () and Spain () (2022)

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